Deutsche Bank (DBK) Given a €11.00 Price Target by Goldman Sachs Group Analysts
Deutsche Bank (FRA:DBK) received a €11.00 ($12.79) price objective from research analysts at Goldman Sachs Group in a research report issued to clients and investors on Tuesday. The brokerage presently has a “neutral” rating on the stock. Goldman Sachs Group’s price target suggests a potential upside of 33.69% from the stock’s previous close.
A number of other research firms also recently issued reports on DBK. Morgan Stanley set a €9.00 ($10.47) price objective on Deutsche Bank and gave the stock a “sell” rating in a report on Wednesday, October 3rd. Barclays set a €8.00 ($9.30) price objective on Deutsche Bank and gave the stock a “sell” rating in a report on Monday, August 6th. Berenberg Bank set a €8.00 ($9.30) target price on Deutsche Bank and gave the stock a “sell” rating in a research note on Thursday, August 23rd. JPMorgan Chase & Co. set a €11.00 ($12.79) target price on Deutsche Bank and gave the stock a “neutral” rating in a research note on Wednesday, July 25th. Finally, Commerzbank set a €11.00 ($12.79) target price on Deutsche Bank and gave the stock a “neutral” rating in a research note on Wednesday, July 25th. Eleven research analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company’s stock. Deutsche Bank currently has an average rating of “Hold” and an average price target of €10.08 ($11.73).
DBK opened at €8.23 ($9.57) on Tuesday. Deutsche Bank has a 12-month low of €12.36 ($14.37) and a 12-month high of €18.49 ($21.50).
Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. It operates through three segments: Corporate & Investment Bank (CIB), Private & Commercial Bank (PCB), and Deutsche Asset Management.
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